Managing Sibling Wealth Disparity

Forging a close relationship among siblings during childhood is hard enough, but as siblings become adults, the development of disparities in wealth can challenge even the strongest relationships. In business-owning families, the potential ramifications not only affect the personal lives of the immediate family, it can also disrupt the alignment of corporate vision, tolerance for risk and the overall decision making abilities of everyone involved. This article discusses a number of ways to mitigate and manage sibling wealth disparity.